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Lifting Cuba trade rules could help rice growers
Jun 01,2007 00:00
by
dailynews
As U.S. Rep. Marion Berry attends agriculture trade talks this week in Cuba, Arkansas rice producers and others watch from afar, hoping restrictions on trade to the Communist nation will be lifted. Dropping current rules that require all purchases be paid in advance could let growers enter a market estimated to consume 700,000 tons of rice a year, of which only 79,000 tons came from the United States last year, said Greg Yielding, executive director of the Arkansas Rice Growers Association. That new market could buoy an industry whose European markets dwindled after discoveries of unapproved strains of genetically modified rice. |